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Search resuls for: "Chen Gang"


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Xi is under the spotlight as economic pain has sparked growing frustration within China. Xi has also overseen a political shakeup in his own ranks, further marring the start of the new term. Those challenges may not pose a threat to Xi, who is China’s most powerful and authoritative leader in decades. But the two sessions provide an important platform for China’s notoriously opaque government to broadcast its strategy for economic, social and foreign policies and announce key indicators including China’s economic growth target, its budget deficit limit and military spending for the coming year. Analysts widely expect Li to reveal a relatively ambitious growth target of “around 5%,” showing that policymakers are still focused on economic growth, even as challenges pile up.
Persons: , Xi Jinping, Xi, , Chen Gang, Li Qiang, It’s, Xuezhi Guo, Guo, Wang Yi, Qin Gang, Li Shangfu, Li, Qin, Pedro Pardo, Neil Thomas, Premier Li, Asia Society’s Thomas, Organizations: Beijing CNN —, Communist, National University of Singapore’s East Asian Institute, Getty, of, National People’s, Guilford College, Observers, Washington, Asia Society, Center for Locations: China, Beijing, Chongqing, AFP, Taiwan, China's, Henan, Center for China, Asia
The research report, published in February 2022 when China was battling the pandemic, predicted that the domestic stock market would still seek bottom following a rebound, as the economy was under heavy downward pressure. Negative comments by analysts and commentators in China are often censored and have come under increased regulatory scrutiny. The warning comes as China's stock market is struggling to stand on its feet amid signs the post-COVID recovery is losing steam. Other analysts and commentators in China have been censored or come under scrutiny after negative comments in the past. Separately, China's securities watchdog last March launched a crackdown on brokerages using feng shui to predict stock market trends in their research notes, state media reported.
Persons: CSRC, Zhang Xia, Chen Gang, Geng Ruitan, Tu, Yi Huiman, Hong Hao Organizations: China Merchants Securities, China Securities Regulatory Commission, Bank of Communications International Holdings Co, Shanghai, Thomson Locations: SHANGHAI, China, Shenzhen
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